Jim Yong Kim
Construction arbitration and infrastructure development: Role of quantity surveyors
Construction is very expensive business. BusinessNews, an online publication, estimated in its 2015 report that construction projects worth N700 billion would be delivered by 2018. Some of these projects include the Nestoil Towers, Civic Towers and the British America Tobacco (BAT) building- mostly commercial office space on Lagos Island which have been indeed delivered. In…
Enabling business, stimulating growth as next economic strategy
Enabling business includes the promotion of norms and customs, laws, regulations, policies, international trade agreements and public infrastructure that...
Doing business here is still not easy
It should be curiously disappointing that despite noisy investment nurtured by renewed interest of the Federal Government on the issue of ease of doing business...
World Bank decries Nigeria’s education, health indices
Nigeria, yesterday, received another damning assessment from the World Bank Group on its education, health policies and development, describing them as very poor.
Borrow less, invest more in human capital, World Bank cautions Africans
With global debts at all-time high of $146 trillion, African countries, including Nigeria, have been advised to exercise some restraint on excessive borrowing in order to protect their economies from financial risks, while encouraging active and serious human capital investment.
Cryptocurrencies are Ponzi schemes, says Kim
The President of the World Bank Group, Jim Yong Kim, has compared cryptocurrencies to “Ponzi schemes,” and thus, becoming the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.
Restrictions on foreign banks affect growth, says World Bank
The rising level of restrictions imposed on foreign banks operating in developing countries has been assessed as an impediment to growth in those countries, the World Bank Group has said.
More outrage at alleged Buhari’s directive to World Bank
The southern leaders said they wouldn’t have raised any alarm if the Word Bank chief had stated that the request was to pay special attention to the North-East, as they were sympathetic to the devastation caused there by the Boko Haram insurgents.
World Bank, IMF, Oxfam urge Nigeria to invest in human capital
The World Bank has urged Nigeria to faithfully build and invest in critical infrastructure that would wholly support its growth aspirations.The bank’s Group President, Jim Yong Kim, in his opening remarks at the 2017 yearly meeting of the International Monetary Fund......